£73,176
This estimated value is based upon the latest sale price for the house of £56,000 on 27 Jan 2017. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£56,000 | 27 Jan 2017 |
£45,000 | 2 Jul 2004 |
£25,000 | 7 Jul 2003 |
Terraced |
Freehold |
Floor Area: 50 sq meters or 538 sq feet |
This model uses changes in the Official Land Registry House Price Index for CUMBRIA to estimate the market value.
When this house was purchased in January 2017 the House Price Index for CUMBRIA was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £56,000 results in an estimated price of approximately £73,176.
27 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 148.6 | 30.673 % | £56,000 | £17,176 | £73,176 |
The Postcode Pricing Model uses changes in average sales price within the CA1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 28.619 % | £16,026 | £72,026 |
3 Month Average | 26.811 % | £15,014 | £71,014 |
6 Month Average | 23.447 % | £13,130 | £69,130 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £119,773 | £118,000 | 18 EDWARD STREET |
22 Sep 2023 | £84,075 | £83,000 | 10 CLOSE STREET |
19 Apr 2023 | £98,561 | £97,500 | 8 CLOSE STREET |
9 Sep 2022 | £84,319 | £85,000 | 51 CLOSE STREET |
19 Jul 2022 | £150,906 | £150,500 | 49 EDWARD STREET |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 25 Feb 2016. Using an estimated price of £73,177 means this house is valued at £1,463 per sq meter (£135 per sq foot).
The average size of a house on EDWARD STREET is 86 sq meters (931 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Close Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Close Street |
Jan 2024 | Drugs | Formal action is not in the public interest | On or near Close Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Flower Street |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Flower Street |